Public Service Enterprise Group Inc (PEG) price prediction for 2022

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  • 16 October 2022
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Predicted price range for Public Service Enterprise Group Inc

Our trading algorithm values Public Service Enterprise Group Inc (PEG) to be strongly undervalued.

The red lines in this plot symbolize the changepoints of the price, meaning that the trend or direction changed, either from a down to an uptrend, or the other way around.

NameValue
Our valuationstrongly undervalued
Current trenduptrend
Buy/Sell RecommendationStrong Buy
Current Price$53.81
60 Day Prediction$56.61
60 Day Pred - Lower Bound$53.83
60 Day Pred - Upper Bound$59.41

Our algorithm predicts the future trend with the linear formula (a*x + b = y):

$ price = 0.001 * nr_days_in_the_future + 56.584

Based on this information, our algorithm recommends the trading decision: Strong Buy. Remember that this is not investment advice, and only a statistical analysis. Do your own research.

Historic price development

PEG traded at $53.81 this Sunday October 16th, loosing $-1.32 or -2.45 percent since last week.

Looking back, over the last month, PEG has been loosing $-11.57 or -21.5 percent.

Over the last year, it has been loosing $-9.59 or -17.82 percent.

Seasonality of Public Service Enterprise Group Inc

Using our AI model, we have been analyzing the value change for Public Service Enterprise Group Inc depending on the day or month of a year. This can be seen in the following graph: